OPENAI

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0055%/8h= −6.0% APRpaid last 24h −0.016%

Price spread now: QFEX against MEXC−0.030%7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$270.272% of the position

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.054%−$5 on $10k

Price spread, last 7 days+0.034%+$3 · spread now −0.030%, 7d avg −0.032%

Together, before fees−0.020%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC OPENAI_USDT	1,619.4	0.0050	pay 0.0050% / 8h	1h 05m	$13.0M	$3.1M	50x
Short	QFEX OPENAI-USD	1,618.9	−0.0005	pay 0.0001% / 1h	5m 30s	$1.2M	$387K	10x

Funding history

latest

Range statsloading…

QFEX against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee MEXCbpFee QFEXbpOrdersPrice spread, now −0.030%Rate

Slippage from MEXC: live order book, 8 min ago; QFEX: live order book, 1 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 8 min ago	1.11 bp	1.9 bp −$2	10.3 bp −$103	doesn't fit	doesn't fit
Sell QFEX live order book, 1 min ago	2.25 bp	13.1 bp −$13	doesn't fit	doesn't fit	doesn't fit

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX OPENAI-USDshort	−0.0005%	1h	1,618.9	−0.030%	$1.2M	$387K	10x
Lighter OPENAI	0.0000%	1h	1,696.4	+4.754%	$1.4M	$291K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,667.3	+2.960%	$763K	$226K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,650.2	+1.903%	$5.1M	$1.4M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,616.4	−0.185%	$52.5M	$40.7M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,621.3	+0.119%	$5.5M	$5.1M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,620.9	+0.094%	—	$2.6M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,620.8	+0.089%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,620	+0.037%	$78K	$213K	20x	as long as short
Phemex OPENAIUSDT	0.0000%	8h	1,618.5	−0.052%	$1.6M	$568K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH OPENAI	+0.0032%	1h	1,669	+3.064%	$2.6M	$6.4M	5x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,618.6	−0.049%	$131K	$667K	10x	as long as short
Aster OPENAIUSDT	+0.0050%	8h	1,625.8	+0.396%	$212K	$3K	20x	as long as short
Binance OPENAIUSDT	+0.0050%	8h	1,618.9	−0.028%	$23.0M	$19.4M	20x	as long as short
MEXC OPENAI_USDTlong	+0.0050%	8h	1,619.4	long leg	$13.0M	$3.1M	50x
KuCoin OPENAIUSDTM	+0.0050%	8h	1,626.3	+0.430%	$373K	$66K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,618.8	−0.035%	$2.6M	$755K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,619.2	−0.009%	$2K	$148K	10x	as long as short
BloFin OPENAI-USDT	+0.0072%	8h	1,618.5	−0.052%	$470K	$281K	20x	as long as short
Entropy io:OAI	+0.0095%	1h	1,661.3	+2.589%	$7.3M	$2.2M	6x	as long as short
Aevo OPENAI-PERP	+0.0104%	1h	1,618.2	−0.072%	—	—	10x	as long as short
Coinbase International OPENAI-PERP-INTX	+0.0456%	1h	1,620	+0.040%	$235K	$144K	5x	as long as short